|Day Low/High||55.77 / 57.69|
|52 Wk Low/High||15.26 / 57.07|
The charts show that this energy giant is ready to gush higher.
The key level for oil is $57, where it has bounced before.
Since the oil price tumble in the last six months, it may be time to reconsider buying large-cap energy stocks.
TheStreet's Energy Contributor Dan Dicker says the bad news will continue for U.S. refiners and refining stocks.
The market invariably rewards serious value-creation moves like these.
Exxon Mobil says sluggish production of crude oil and natural gas are hurting the bottom line.
Marathon Petroleum, Hess Corporation and Phillips 66 beat Wall Street earnings estimates but pointed to larger concerns of falling profitability in the commodities sector.